Latest Stock Market News

An SME IPO saw over 400x subscriptions last year but later plunged 50%, raising concerns over sustainability. Sebi introduced stricter norms, capping OFS at 20% and mandating profitability criteria. IPO proceeds can t repay promoter loans, reducing misuse. SME IPO subscriptions have since dropped sharply, curbing grey market activity.

Midcap stocks saw heavy selling, with the BSE Midcap index dropping over 2%, sharper than the Sensex’s 0.7% fall. Out of 132 index stocks, 104 ended negative.

The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday.

The combined market capitalisation of five of the top-10 most valued firms declined by Rs 93,357.52 crore, with IT giants Infosys and Tata Consultancy Services taking the biggest hit, in line with a weak trend in domestic equities.

Drug maker Allchem Lifescience has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The Gujarat-based company s proposed IPO comprises fresh issue of equity shares aggregating up to Rs 190 crore and an offer for sale (OFS) of 71.55 lakh equity shares by promoters, according to the draft red herring prospectus (DRHP).

Indian markets closed lower on Thursday amid weak global cues. Sectorally, power and PSU stocks gained, while metals and autos declined. Analysts highlight crucial support levels for IDFC First Bank, Balaji Amines, and Astral.

Sensex declined 0.7% in the week ending March 13, with seven penny stocks falling between 15-21%. These stocks had a market cap under Rs 1000 crore, share price below Rs 20, and high trading volume.

EBIT measures a company’s core profitability, excluding interest and taxes. It helps assess operational efficiency, compare businesses, and evaluate financial performance.

Foreign investors continue to pull back money from the Indian equity market withdrawing a little over Rs 30,000 crore in the first fortnight of the month amid escalation in global trade tensions.

The EV to MCAP ratio assesses a company s valuation by factoring in debt and cash reserves. A high ratio signals high leverage or strong cash reserves, influencing investor perception and acquisition attractiveness.